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Guangdong Jingyi Metal Co (SZSE:002295) Days Sales Outstanding : 99.03 (As of Mar. 2024)


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What is Guangdong Jingyi Metal Co Days Sales Outstanding?

Guangdong Jingyi Metal Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥788 Mil. Guangdong Jingyi Metal Co's Revenue for the three months ended in Mar. 2024 was ¥726 Mil. Hence, Guangdong Jingyi Metal Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.03.

The historical rank and industry rank for Guangdong Jingyi Metal Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002295' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.21   Med: 56.7   Max: 125.96
Current: 101.05

During the past 13 years, Guangdong Jingyi Metal Co's highest Days Sales Outstanding was 125.96. The lowest was 26.21. And the median was 56.70.

SZSE:002295's Days Sales Outstanding is ranked worse than
66.08% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:002295: 101.05

Guangdong Jingyi Metal Co's Days Sales Outstanding declined from Mar. 2023 (129.98) to Mar. 2024 (99.03).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Guangdong Jingyi Metal Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Jingyi Metal Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Guangdong Jingyi Metal Co Days Sales Outstanding Chart

Guangdong Jingyi Metal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.54 64.29 57.65 125.96 104.07

Guangdong Jingyi Metal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.98 94.27 105.92 104.03 99.03

Competitive Comparison of Guangdong Jingyi Metal Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Guangdong Jingyi Metal Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guangdong Jingyi Metal Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Jingyi Metal Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Jingyi Metal Co's Days Sales Outstanding falls into.



Guangdong Jingyi Metal Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Guangdong Jingyi Metal Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (791.989 + 754.403) / 2 ) / 2711.888*365
=773.196 / 2711.888*365
=104.07

Guangdong Jingyi Metal Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (754.403 + 821.424) / 2 ) / 726.039*365 / 4
=787.9135 / 726.039*365 / 4
=99.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Guangdong Jingyi Metal Co  (SZSE:002295) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Guangdong Jingyi Metal Co Days Sales Outstanding Related Terms

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Guangdong Jingyi Metal Co (SZSE:002295) Business Description

Traded in Other Exchanges
N/A
Address
Xihai Industrial Zone, Beijiao Town, Shunde District, Guangdong, Foshan, CHN, 528311
Guangdong Jingyi Metal Co Ltd is engaged in the copper processing industry which include precision copper pipe and copper pipe deep processing and supply chain service trade. The products of the company include precision copper tube parts for refrigerator, precision copper pipe parts for gas, and oxygen free copper magnetron for microwave.
Executives
Zhu Chao Rong Supervisors
Yu Min Shan Securities Affairs Representative
Zhang Zhou Executives, directors
Chang Zheng Executives
Wei Guo Directors, executives
Zhang Jun Director
Zhu Xu Director
Feng Jing Ming Director
Yang Lin Zhang Directors, executives
He Shu Hua Director
Li Wei Bin Directors, executives

Guangdong Jingyi Metal Co (SZSE:002295) Headlines

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